Bitcoin (BTC) Chart and Market Analysis, February 8, 2023 - Coinleaks
Current Date:September 21, 2024

Bitcoin (BTC) Chart and Market Analysis, February 8, 2023

Bitcoin (BTC), the price has risen again above 23 thousand dollars, BTCWhat is the price level and market conditions on the other side?

BTC, which recently had a support band 23,330It had settled below the dollar level and settled on a lower support. BTCagain for now 23,000 above the dollar level. With this rise, there has been a liveliness on the side of Bitcoin and altcoins.

Current Analysis for BTC, Where Is The Price Heading?

BTCgraph 30 minutesLooking at the process, its price is the one with the closest resistance. $23,330 appears to be below its level. Strong support in the big time frame $22,800As the price continues above the level, 23,480 The price may rise up to the dollar level. Investors are now BTC‘also receptivecontinues. BTC, 22.96523,330 sitting on the dollar band. According to the reactions it will receive in this intermediate price band, 23,330if it goes above the dollar again 23,820while it can rise to dollar levels, 22.960if it falls below the dollar level 22,560The price may continue to decrease until the dollar levels.

Bitcoin Dominance, What is the Latest Situation for Altcoins?

BTCpercent in the 45-minute time frame 43.10has made the level the closest support. Altcoinscontinuation of the uptrend scenario, 43.10can begin with a lowering of the level. BTC dominance, 43.37exceeding the level 43.60for altcoins if it rises to its level drops in pricemay cause.

Market Value Analysis for Bitcoin

Leader of the crypto industry BTC,again recently to win started. since last year market valuei lost BTCagain in the last few weeks. improvementstarted to show. 439 billion dollarsr and 429 billionadopted dollar market value support BTC, market valuein a bullish scenario 452 billionexceeding the market value in dollars 461 billiondollar market value can be expected.